.
MergerLinks Header Logo

New Deal


Announced

Completed

One80 Intermediaries completed the acquisition of Strategic Underwriting Managers.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Canada

insurance agency

Property and Casualty Insurance

Acquisition

Cross Border

Private

Majority

Completed

Friendly

Single Bidder

Synopsis

Edit

One80 Intermediaries, a wholesale broker, program manager, and insurance aggregator, completed the acquisition of Strategic Underwriting Managers, a Canada-based Managing General Agent for property, casualty, and other specialty insurance products. Financial terms were not disclosed. "We have full authority on each of the programs we underwrite and are proud of the long relationships with each company with whom we trade. In joining One80 we look forward to developing additional capacity, and introducing new products and innovations into Canada." Jeff Somerville, Strategic Underwriting Managers President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US